N.Y. Comp. Codes R. & Regs. Tit. 10 § 441.58 - Capitalize
(a) To record and
carry forward into one or more future periods any expenditure, the benefits or
proceeds from which will then be realized.
(b) To add to a fixed asset account the cost of
plant additions, improvements and expenditures having the effect of increasing
the efficiency or yield of a capital asset or making possible future savings in
cost from its use.
(c) To transfer
surplus to a capital-stock account, as the result of the issue of a stock
dividend, a recapitalization, or, under the laws of some states, resolution of
the board of directors.
(d) To
discount or calculate the present worth of the projected future earnings of an
asset or business.
Notes
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